CLPS Incorporation Signs IT Services Contract with a Large E-Commerce Platform in the U.S., A Major Achievement in Global Expansion Strategy

CLPS Incorporation Signs IT Services Contract with a Large E-Commerce Platform in the U.S._ A Major Achievement in Global Expansion Strategy (1)

CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), today announced that, through its wholly-owned subsidiary, CLPS Technology (California) Inc. (“CLPS California”), it has signed a Master Services Agreement with a large U.S. e-commerce platform (the “Client”). CLPS will provide IT services, including big data management for the Client’s cross-border e-commerce system.

Since 2014, CLPS has been providing IT services to the Client’s R&D center in Mainland China. With the long-standing business relationship and mutual trust between the two parties, CLPS has eventually secured an IT services contract directly from the Client’s headquarters in the U.S., which marks a significant milestone on its global expansion strategy. As a result, CLPS is also expected to participate and provide IT services on the Client’s global R&D centers.

Read More: What is Next for E-Commerce and Digital Retail?

Mr. Henry Li, Chief Operating Officer of CLPS, said, “CLPS California has been strategically developing its business in the U.S. market. The contract we gained from the U.S. is a proof of our commitment as a reliable IT services provider in the global market perspective. The continued trust and recognition from our blue-chip clients serve as our motivation to introduce more business opportunity in the global market going forward.”